new sanctions against russia because of its actions. the sanctions target individuals and companies in the inner circle of vladimir putin. measures includes bans of visas and assets restrictions. and increasing dividends and buybacks, bank of america says it made a decision after finding an error in its stress test. and general electric may find some competition. siemens could make an offer if they get access to the same financial information as ge did. this is from sources familiar. that is a headline this hour. >> thank you. let's go to the milken global conference taking place in los angeles. bloomberg's erik schatzker and stephanie ruhle have been speaking with the guests all day, and currently, they are with the governor of colorado. >> thank you so much. we are, again, with governor john hickenlooper. >> glad to be here. >> colorado has fascinated the area for many reasons, but recently, the nation's fascination is with marijuana. >> it's true, a question we get all of the time. >> i can imagine. it would appear from where we sit